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HI HR106
Resolution
Status
4/3/2023
Primary Sponsor
Scott Saiki
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AI Summary
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Urges the Real Estate Commission to develop policies and programs educating condominium association unit owners and board members on effective governance practices and open communication.
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Requires education on governing documents, the respective obligations of unit owners and board members, and the relationship between regular assessments, reserves, capital improvements, and special assessments.
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Directs education on dispute resolution processes including mediation and arbitration mechanics and other matters related to efficient association administration.
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Requests the Real Estate Commission use the Condominium Education Trust Fund (established under HRS §514B-71) to develop and implement the educational programs.
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Requires certified copies of the resolution be transmitted to the Chair of the Real Estate Commission and the Director of Commerce and Consumer Affairs.
Legislative Description
Urging The Real Estate Commission To Develop Policies And Programs To Inform And Educate Condominium Association Owners And Board Members Of Certain Matters To Promote The Efficient Administration Of Condominium Associations.
Condominiums
Last Action
Resolution adopted in final form.
4/3/2023